One of the biggest benefits of credit unions is that their interest rates on loans and cards are almost always lower than banks. However, the drawback is that their credit card reward program are usually just average. Well, Pentagon Federal (better known as “PenFed”) is far from typical for a credit union… you get great rates plus outrageously lucrative rewards.
PenFed offers two reward cards – one for travel and one for gas. By far, their Visa gas card is the most popular. It’s the only credit card left on the market that I know of which still gives 5% cash back at gas stations year-round without any caps.
You can’t apply for the PenFed gas card unless you are a member of this credit union. What are the qualifications you ask? Well, if you want to apply for a PenFed membership there are various ways you can qualify:
- You are in the U.S. Military (A



Recent Comments